Discounted Cash Flow

Haemonetics Corp.

HAE · Based on 10 years of SEC filings

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Average annual growth is the mean year-over-year change across each period.

Endpoint CAGR (better for long term trend)

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Endpoint CAGR is the compound annual rate from the first to last year in each period.

Projections use average year-over-year growth. Change this in Settings.

Projected growth rate

Free cash flow growth
10-year: — 5-year: — 3-year: —
Averaged growth (FCF & NI)
10-year: — 5-year: — 3-year: —
Net income growth
10-year: — 5-year: — 3-year: —
Sales growth (not added to calculations)
10-year: — 5-year: — 3-year: —

Click a greyed-out slider to switch metrics. Slide between the 10-year, 5-year, and 3-year historic growth rates for FCF, net income, or their average.

%
%

Historical inputs (10 fiscal years)

YEAR Sales Net Income Free Cash Flow Net Margin EPS (diluted)
2017 $886.1m $-26.3m $83.6m -3.0% $-0.51
2018 $903.9m (2.0%) $45.6m (273.5%) $145.6m (74.1%) 5.0% (270.1%) $0.86 (268.6%)
2019 $967.6m (7.0%) $55.0m (20.7%) $40.3m (-72.3%) 5.7% (12.8%) $1.07 (24.4%)
2020 $988.5m (2.2%) $76.5m (39.1%) $109.5m (171.5%) 7.7% (36.1%) $1.51 (41.1%)
2021 $870.5m (-11.9%) $79.5m (3.8%) $71.8m (-34.4%) 9.1% (17.9%) $1.57 (4.0%)
2022 $993.2m (14.1%) $43.4m (-45.4%) $75.8m (5.6%) 4.4% (-52.2%) $0.85 (-45.9%)
2023 $1.2b (17.7%) $115.4m (166.1%) $162.9m (115.0%) 9.9% (126.1%) $2.27 (167.1%)
2024 $1.3b (12.0%) $117.6m (1.9%) $115.5m (-29.1%) 9.0% (-9.1%) $2.32 (2.2%)
2025 $1.4b (4.0%) $167.7m (42.6%) $142.4m (23.4%) 12.3% (37.2%) $3.33 (43.5%)
2026 $1.3b (-2.0%) $97.3m (-42.0%) $260.4m (82.8%) 7.3% (-40.8%) $2.06 (-38.1%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

Projected cash flows

Year Projected cash flow Discount Factor Present Value

PV of projected FCF:

Terminal FCF:

Terminal value:

PV of terminal value:

Enterprise value (DCF):

DCF price per share:

Current price:

Alternative DCF Models

Model Fair Value Upside PV(FCFs) PV(Terminal) Total Years
Standard (10yr→TV) 10 + TV
Alt A (Gradual Decline)
Alt B (30yr Hard Stop) N/A

This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.

+ 10YR Financials Balance Sheet (10YR) Cash Flow (10YR) DCF Model